Annual gdp growth in Aruba
Aruba: Annual gdp growth was 6.81 in 2024. ◆ Volatile
Annual gdp growth in Aruba, 2000–2024
Source: Our World in Data.
Analysis
The most recent figure for annual gdp growth in Aruba is 6.81, measured in 2024.
That represents a change of down 11.7% on the previous year and up 376.2% over ten years.
Over the whole period, annual gdp growth in Aruba peaked at 14.73 in 2021 and was at its lowest, -23.9, in 2020.
That places Aruba 16th out of 212 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual gdp growth in Aruba, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 7.62 | — |
| 2001 | 4.18 | -45.1% |
| 2002 | -0.94 | -122.5% |
| 2003 | 1.11 | -218.1% |
| 2004 | 7.29 | +556.8% |
| 2005 | -0.38 | -105.2% |
| 2006 | 1.13 | -397.4% |
| 2007 | 3.09 | +173.5% |
| 2008 | 1.84 | -40.5% |
| 2009 | -11.68 | -734.8% |
| 2010 | -2.73 | -76.6% |
| 2011 | 3.37 | -223.4% |
| 2012 | -1.04 | -130.9% |
| 2013 | 6.43 | -718.3% |
| 2014 | 1.43 | -77.8% |
| 2015 | 3.61 | +152.4% |
| 2016 | 1.23 | -65.9% |
| 2017 | 3.49 | +183.7% |
| 2018 | 3.21 | -8.0% |
| 2019 | 1.23 | -61.7% |
| 2020 | -23.9 | -2043.1% |
| 2021 | 14.73 | -161.6% |
| 2022 | 10.64 | -27.8% |
| 2023 | 7.71 | -27.5% |
| 2024 | 6.81 | -11.7% |
Aruba compared with similar countries
- Aruba's 6.81 is above the median for high income countries, which is 2.14, 3.2× the median. (83 countries reporting)
- Aruba's 6.81 is above the median for Latin America & Caribbean, which is 3.3, 2.1× the median. (41 countries reporting)
Biggest year-on-year movements
Years where Annual gdp growth in Aruba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -2043.1% | 1.23 | -23.9 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.33 | -11.68 | 7.62 | 10 |
| 2010s | 2.02 | -2.73 | 6.43 | 10 |
| 2020s | 3.2 | -23.9 | 14.73 | 5 |
Countries ranked near Aruba
More economy & growth data for Aruba
- Real gdp growth, annual growth rate -16.76 % change on previous year (2023)
- Gross national expenditure (current LCU), annual growth rate 9.8 % change on previous year (2024)
- Exports of goods and services (current LCU), annual growth rate 19.75 % change on previous year (2024)
- Exports of goods and services (current US$), per capita 33,176 current US$ per person (2024)
- Exports of goods and services (current US$), per unit of GDP 0.8597 current US$ per US$ of GDP (2024)
- Exports of goods and services (current US$), annual growth rate 19.75 % change on previous year (2024)
- Gross national expenditure (current LCU), per capita 64,094 current LCU per person (2024)
- Gross national expenditure (current LCU), per unit of GDP 1.66 current LCU per US$ of GDP (2024)
- Final consumption expenditure (current LCU), per unit of GDP 1.2 current LCU per US$ of GDP (2024)
- Final consumption expenditure (current LCU), per capita 46,310 current LCU per person (2024)
Frequently asked questions
- What is annual gdp growth in Aruba?
- Annual gdp growth in Aruba was 6.81 in 2024, according to Our World in Data.
- What is the highest annual gdp growth recorded in Aruba?
- The highest recorded value was 14.73 in 2021.
- What is the lowest annual gdp growth recorded in Aruba?
- The lowest recorded value was -23.9 in 2020.
- How does Aruba rank for annual gdp growth?
- Aruba ranks 16th out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Aruba?
- Over the last ten years it is up 376.2%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).